ProphetX and Boom Sports Partner to Bring CFTC-Regulated Prediction Markets to Boom Users

Boom Sports to integrate ProphetX's federally regulated prediction market exchange, giving Boom's pick'em community a new way to engage with sporting events

NEW YORK, Aug. 31, 2026 /PRNewswire/ -- ProphetX, America's first federally regulated sports-native prediction market, and Boom Sports, which operates the popular daily fantasy sports product of the same name, today announced a strategic partnership to bring federally regulated sports prediction markets directly to Boom's user base.

"Boom has built a loyal community around fast, intuitive, interactive formats — and that same instinct for clear, fast decisions is exactly what makes prediction markets click for a user base like this," said ProphetX Co-Founder and Chief Commercial Officer Jake Benzaquen. "Partnering with Boom gives their users direct access to a federal exchange where the crowd sets the price and every participant competes on a level playing field, instead of against the house."

"At Boom Sports, we're creating a destination where sports fans can engage with their favorite players and teams in a variety of ways," said Boom Sports CEO Stephen A. Murphy. "We're excited to add prediction markets and partner with ProphetX to bring these offerings to the Boom community."

Under the agreement, Boom Sports will integrate ProphetX's prediction market exchange, giving Boom's users, who are already familiar with quick, decision-based sports experiences, a direct, in-app path to trade event contracts on real-world sports outcomes, from game results to individual performance markets and season-long futures. The markets will be powered entirely by ProphetX's CFTC-regulated infrastructure.

Unlike traditional sportsbook models, where the operator sets the terms, ProphetX operates as a true exchange — a two-sided marketplace where buyers and sellers set prices and trade CFTC-regulated derivatives contracts with one another, rather than against a house taking the other side of the trade. For Boom's users, who are already familiar with fast, intuitive ways to engage with sports, a regulated exchange where the crowd helps set the price is a natural next step in how they engage with sports markets.

About ProphetX:

Founded in 2018, ProphetX is America's first sports-native prediction market. The company is a regulated U.S. exchange for event-driven contracts, built on a sports-focused foundation and designed to expand across a broad range of event markets. Its mission is to create the world's most trusted and innovative marketplace where anyone can participate in event outcomes.

About Boom Sports:

Boom Sports is one of the fastest-growing real-money sports companies in North America. Founded in 2015 and headquartered in New York, Boom builds sports products fans genuinely love — led by its flagship daily fantasy sports app, live for real money in 27 states — and has built and powered sports experiences for some of the biggest names in sports and entertainment, including NBC Sports, Caesars Entertainment, and Tim Hortons. Coming off a record-setting quarter, with new customers up more than 50% year over year and its best revenue month in company history, Boom is now bringing its signature fast, social, mobile-first experiences to prediction markets — expanding the ways fans can engage with sports, from individual performance markets to sports outcomes and beyond, and extending Boom's reach toward all 50 states. Learn more at playboomsports.com.

Media Contacts:

ProphetX: ProphetX Newsroom | press@prophetexchange.com

Boom Sports: media@playboomsports.com

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SOURCE ProphetX